Fri 20 Nov 2009
Borrowers With Interest Only Mortgages Need Only Answer 3 Questions
Posted by EPR Network under Business, Consumer Services, Featured, Financial, Home, Real Estate
Released on: November 20, 2009, 12:59 pm
Author: London & Country Mortgages
Industry: Financial
Borrowers with interest only mortgages need only answer 3 questions – the current value of their property, the size of their mortgage and either their current monthly mortgage payment or interest rate. Borrowers on a repayment mortgage will also need to know the remaining term on their mortgage. The calculator checks against L&C’s comprehensive mortgage product database to see if there is a mortgage deal that could save the borrower money.
Now house prices are starting to show signs of recovery, more and more borrowers will find themselves in a position where they can switch and save. The One Minute Mortgage check offers a quick and easy way to see if the time is right to switch. The One Minute Mortgage Check calculator is available at www.lcplc.co.uk/check
